GreenJinn
Latest round
- Seed
Last raised
- Nov 2017
Total raised
- $0.9M
Investors
- 1
About GreenJinn
GreenJinn Limited operates a cashback application that enhances consumer engagement with grocery purchases. The company was founded in 2014 and is headquartered in London, UK. The founders, Giuseppe Licari and Roberto Amerighi, have prior entrepreneurial experience that informs their leadership.GreenJinn offers a cashback application designed to enhance consumer engagement with everyday grocery purchases. Central to its service is the GreenJinn Treasure™ platform, which enables users to receive cashback on in-store and online grocery purchases. Through this app, consumers can access coupons via online platforms or QR codes, which direct them to product information and store locations. Once a purchase is made, users photograph their receipts, and the cashback is credited directly to their PayPal accounts. This service addresses the challenge of tracking offline media effectiveness and incentivizes consumer action, facilitating greater sales engagement for participating brands.The revenue model for GreenJinn is primarily structured around partnerships with brands and retailers, where the company provides a platform for consumer engagement and transaction tracking. Retailers and brands integrate the GreenJinn service into their marketing strategies, enabling them to offer cashback incentives directly to consumers. These partnerships facilitate a direct-to-consumer approach, allowing brands to increase product trials and track consumer behavior effectively. The fees associated with these partnerships are based on the performance of the campaigns run through the GreenJinn app, with the structure reflecting an emphasis on measurable results. The company is exploring the development of new features for its cashback application to improve user engagement. Furthermore, plans are in place to expand into additional markets beyond the UK, with specific geographic regions targeted for growth as the company strives to enhance its platform's capabilities and user experience.
Who invested in GreenJinn
1 investor across 1 round
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Funding rounds
Seed
Nov 16, 2017
Amount
$0.9M
Investors
Questions about GreenJinn
Who invested in GreenJinn?
GreenJinn has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has GreenJinn raised?
GreenJinn has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did GreenJinn last raise money?
GreenJinn's most recent round on record is a Seed, in Nov 2017.
What does GreenJinn do?
GreenJinn Limited operates a cashback application that enhances consumer engagement with grocery purchases.
Where is GreenJinn headquartered?
GreenJinn is headquartered in London, UK.
Which VCs invest in companies like GreenJinn?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at GreenJinn's stage. Their profiles are linked below.
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